yEran does add a lot off value and is exsposing the emptyness of stupid pontless Yield Farming
1 Like
Great.
Please check out the Triforce. ETH.MKR.YFI. ā¦
Thank me later.
@ivan ā¦ it seems to be to much shills we need to focus on what is important please.
1 Like
Polkadot, with their interoperability is very interesting. Growing the Pie as Ivan says.
1 Like
Excellent, thanks again!
1 Like
Currently digging into CREAM
cream.finance, hope itās not a scam xD
Iāve been using crypto.com but Iāve noticed some scammy things. First of all I participated in the MCO ICO, the MCO:CRO swap was terrible. Iāve reffered at least two people and my referal shows 0. Iāve more than 10k CRO staked and couldnāt participate in the OMG at 50% sale.
All in all, itās not DeFi and smells fishy to me. Iāll try to get a good exit and keep a little CRO staking just in case.
2 Likes
I encountered an interesting project called ācentrifugeā which bring corporate assets like invoice, mortgage etc into Defi with NFT. This could help wider organizations to adapt crypto through Defi. Min investment for an investor is $10K is not for everyone but the opportunity here could be big.
2 Likes
We had a nice little bull run there for a while but ETH tumbled as much as a third in price over five days. With the price of Ethereum so critical to the viability of DeFi in general is there a strategy used by most platforms to keep investors on board?
1 Like
I definitely agree that it is showing that there is a lot of emptiness like the yams and the not so delicious sushi. yEarn is adding attention to crypto too I suppose since you canāt get returns like that from the banks!
1 Like
Yes, MKR! I have some ETH holdings and am still holding them during this current down turn. It has to go back up with so much demand for its platform! Hard to hodl yield farming.
1 Like
thanks for the course.
ā¦
the development is so fast and broad in defi, it is very difficult to get a good overview - not even thinking about going deep into it.
according to my research:
- the triangle eth - mkr - yfi is a special gem and i want to explore it more. andre cronje is a great developer and has a great mindset, so i consider time, trying to understand yfi, as well invested.
generally i am looking for projects, that i understand (are easier to understand), still let me benefit, but are not overly risky.
- RUNE is a sophisticated approach for providing liquidity
- many, many polkadot projects upcoming and wanting to be the next snx (acala, laminar); uniswap (polkaswap) usw. interopability and low fees are the buzz-wordsā¦but it has to proof itself first.
personally i like pcx for there fast and cheap btc (and more) transactions in an interopable enviroment, it could in the end all do, what a bank today does. and it even gives high staking rewards now.
2 Likes
The MYX Network is a pretty new DeFi project. It tackles the circulation issues by combining Deflationary capabilities with PoS, but strangely, some fud are killing it.
1 Like
Hi.
Please help me understand what are benefits of swapping Tokens.
I have just started experimenting with DeFi, I swapped ETH for BAT in a Dex, Is it possible to withdraw the BAT token or I have to swap back to ETH to get my money back?
Thanks
1 Like
Follow up quiz.
what is Uniswap V2/V1 liquidity pool?When and why would you prefer one to the other?
Thanks.
Thank you again Amadeo for all the DeFi information. With the world being so wrapped up in CeFi for so long, DeFi is a total eye opener even for me when I have been involved in crypto currencies since Feb 2016. I have been slowly learning and investing in it. I canāt even imagine how people that do not even have any idea of what crypto currency and blockchain technology is and what it is going to do. I think this is a big knowledge gap that will have to be filled fairly soon.
It will be up to us, the ones that are taking courses like this to share this knowledge so everyone can participate in the biggest wealth transfer that we will see in our lifetime. I think we all have to start talking more to our older friends and parents to slowly pull them into this new exciting, ever changing system. Its going to be a challenge for sure. Hopefully the DeFi and cryptoās in general will keep getting easier to interact with as it has been.
It will be helpful to be able to tell the newbies about how your can insure your crypto investments and how there is no middle man, and all smart contracts. Do you think the DeFi insurance will play a big part in getting newbies to invest in crypto? Could this be the āfoot in the doorā to get the crypto naysayers to take the crypto plunge?
1 Like
Hello Amadeo,
I have spent a lot of time on Aave working with yield farming, and I wound up putting Kyber Network Crystals into the Aave KNC pool. I have enjoyed the decent interest rate they have offered, however the amount of money I have put in has been purely experimental. I consider it the price of education; as between this and Uniswap I have lost about seventy dollars or so in gas fees. I am not complaining because if I was afraid of losing this money, I would not have interacted with these protocols. I am more knowledgeable as a result.
Thank you for showing me MetaMask, and how to interact with the DeFi sector, because it has shown me more that I ought to learn about, and also a better understanding of basic DeFi products.
2 Likes
Hi Amadeo,
I am confused about whether it is possible to take out a loan against borrowed DAI, to take out a second loan and what are issues that can arise from that?
This is indeed super huge ā¦
Would recommend looking into DeFi 201 where I go a bit more in-depth into Real-World Assets on the blockchan
1 Like
This will absorb most value indeed.
Be sure to check my bonus interview with Andre:
2 Likes
V2 goves better rates then V1 ā¦ also as an LP you will get a bit more gains 
2 Likes